Author Archives for kole

LINK: Beef Cow Slaughter Remains Elevated (Cattle Market Notes Weekly)

June 9, 2022 3:29 pm Published by Comments Off on LINK: Beef Cow Slaughter Remains Elevated (Cattle Market Notes Weekly)

Published June 6, 2022 – Cattle Market Notes Weekly Beef Cow Slaughter Remains Elevated by Josh Maples, Mississippi State University A few months ago, Kenny wrote about beef cow slaughter outpacing 2021 levels. He discussed how drought and cull cow prices, among other factors, were contributing to high beef cow slaughter totals in 2022. I want to follow up on his article with the most recent data and also discuss some of the regional breakdowns of cow slaughter.  … Chart from article: <https://us15.campaign-archive.com/?u=d27b0f8ca2d30ab88ad971a94&id=4e1e85f0ed> Chart Data Source: USDA-AMS & USDA-NASS, LMIC


Total Cattle Slaughter

June 7, 2022 2:52 pm Published by Comments Off on Total Cattle Slaughter

@mbacowboy 6/7/2022 – We’ve slaughtered more steers and heifers, and more cattle total in the first 5 months of this year than any year in the last 10. Boxed beef was down $20 from last year for the period. This begs the question: Why have live cattle traded $20 higher than last year for the period?


Beef Cow Slaughter

June 7, 2022 2:50 pm Published by Comments Off on Beef Cow Slaughter

@mbacowboy 6/4/2022 – Beef cow liquidation is huge. Proportional to total slaughter, the January herd inventory, and in total, the Jan-May beef cow slaughter exceeded each of the last 15 years. Next year’s herd is pretty much made, which means we could see 1.0 – 1.8 million fewer beef cows in the January 2023 Inventory.


LINK: Cattle Supply and Demand Issues for the 2022 Marketing Year

June 1, 2022 10:23 am Published by Comments Off on LINK: Cattle Supply and Demand Issues for the 2022 Marketing Year

American Farm Bureau, Market Intel – March 24, 2022 In the most recent Market Intel, American Farm Bureau economists describe the current state of the cattle market complex including supply (inventories and cattle on feed reports), demand (imports and exports), and production costs (feed and other): Cattle Supply and Demand Issues for the 2022 Marketing Year


Cattle Prices Higher than Expected Relative to Beef Production

June 1, 2022 9:59 am Published by Comments Off on Cattle Prices Higher than Expected Relative to Beef Production

@mbacowboy – This has been an ongoing phenomenon in 2022. Cattle prices have been substantially higher than expected based on total beef production. This graph shows the historical cash cattle prices for each week in April-May relative to a rolling 6-week average of per capita production., Data for recent weeks (in orange) show that 2022 has been a clear outlier.


Expected Price of 11/15/2022 Feeder Steers (3/31/22)

March 31, 2022 8:02 am Published by Comments Off on Expected Price of 11/15/2022 Feeder Steers (3/31/22)

Tables show expected future price forecasts for feeder steers sold on Noveber 15th 2022 at seven different locations. Forecasts for 475, 525, 575, 625 and 675 pound steers displayed in separate tables. Forecasts are based on current (as of 3/31/2022) December corn prices (value displayed below tables) Forecasts are shown for a range of October 2022 feeder cattle contract prices ($170-206) These tables were created using the BeefBasis Regional Price Comparison tool.


Expected Price of 10/15/2022 Feeder Steers (3/28/22)

March 28, 2022 12:51 pm Published by Comments Off on Expected Price of 10/15/2022 Feeder Steers (3/28/22)

Tables show expected future price forecasts for feeder steers sold on October 15th 2022 at seven different locations. Forecasts for 500, 550, 600, and 650 pound steers displayed in separate tables. Forecasts are based on current (as of 3/28/2022) December corn prices (value displayed below tables) Forecasts are shown for a range of October 2022 feeder cattle contract prices ($170-206) These tables were created using the BeefBasis Regional Price Comparison tool.